Jerome Vandemotter Allegedly Invested an Account Unsuitably Agressive

Publicly available records published by the Financial Industry Regulatory Authority (FINRA) on November 13, 2017 indicate that Ohio-based UBS Financial Services broker/adviser Jerome Vandemotter is involved in resolved or pending customer disputes. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Vandemotter (CRD# 1264877).

Jerome Vandemotter has spent 33 years in the securities industry and has been registered with UBS Financial Services in Pepper Pike, Ohio since 1993. He was previously registered with Merrill Lynch in New York, New York (1984-1993). He has passed four securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on December 15, 1999; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on June 13, 1984; Series 31 (Futures Managed Funds Examination), which he obtained on June 17, 2003; and Series 7 (General Securities Representative Examination), which he obtained on May 19, 1984. He is a registered broker and investment adviser with 12 US states and territories: California, Florida, Georgia, Hawaii, Illinois, Massachusetts, New York, Ohio, Oregon, Pennsylvania, Utah, and Virginia. He is registered with nine self-regulatory organizations (SROs): BOX Options Exchange LLC, the Chicago Board Options Exchange, FINRA, NYSE American LLC, NYSE Arca, Inc., Nasdaq ISE LLC, Nasdaq PHLX LLC, the Nasdaq Stock Market, and the New York Stock Exchange.

According to his BrokerCheck report, he has received one customer complaint and one pending customer complaint.

In August 2017 a customer alleged Jerome Vandemotter, while employed at UBS Financial Services, churned investments, mismanaged the account, invested the account in an unsuitably aggressive fashion, and marked transactions as solicited when in fact they were unsolicited. The customer is seeking unspecified damages estimated to exceed $5,000 in the pending complaint.

In 1988 a customer alleged Jerome Vandemotter purchased a security which was not registered in the state of Ohio. The complaint settled in 1989 for $15,000.

If you have lost money investing with Jerome Vandemotter, you may be able to recover your losses. Call Fitapelli Kurta at 877-238-4175 for a free consultation. All cases are taken on a contingency basis: Fitapelli Kurta only gets paid if and when you collect funds. Time to file your claim may be limited by law, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.